Gap Analysis and Goals

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Time
3 hours 43 minutes
Difficulty
Intermediate
CEU/CPE
4
Video Transcription
00:00
communicating gaps and goals is important in the Kobe business case.
00:05
In this video, we're going to talk about what should be included in the Gap Analysis and Goals Portion and alternatives to Co Bit considered for a nightie governance program
00:16
In the Gap Analysis and Gold Section of your business case will address two main points.
00:21
The expected outcomes and how business value will increase as a result of the ICTY governance program
00:28
include the objective of the I T governance program, such as increasing the expansion and adoption of new technology in a prioritized manner.
00:36
What will be the expected outcome for this program?
00:39
For Corporation X, It will be the successful adoption of new technology to remain competitive in the market along with risk being well within the organizations risk appetite regardless of the new technology that's being adopted.
00:54
Put simply, the outcome will be business value and managing risk.
00:59
Determine exactly how business value should increase.
01:03
Sometimes, if your objective is to manage security, your business value will be maintaining your businesses reputation and avoiding major financial penalties.
01:14
Business value can remain vague in this case, since you don't necessarily have quantitative figures
01:21
in the case, of Corporation X. The expected business value will be profits, revenue and optimized risk.
01:26
You can include specific figures if you have them, and this will really raise the probability that you'll have senior leadership by in
01:34
quantitative figures are always helpful. In this case,
01:42
Alternatives considered should be another portion of your business case
01:46
include the other frameworks you were choosing from when selecting an I T governance program to be implemented in your organization.
01:53
Other I T. Governance frameworks can be vital. Val I. T. Or more.
01:57
Keep in mind, these frameworks are also compatible with co bit and can be used in tandem.
02:02
Include why Kobe? It was the framework you chose,
02:07
what specifically about Kobe? It is most applicable to the organization and will allow for your organization to realize its business objectives.
02:15
Some examples of why cope it was chosen could be that it's a globally accepted framework. It's compatible with laws and regulations, etcetera
02:24
Check to see whether or not there are cope it principles already applied within your enterprise.
02:30
This may be really helpful in building the case for implementing co. Bit,
02:35
additionally, include whether or not cope it will be implemented in its entirety or justice specific business units? Or will it be just be specific portions of the governance frameworks that are applicable to the enterprise? Its goals. It's business units, processes etcetera.
02:51
Remember Kobe? It can be tailored to be customized specifically to your organization.
02:57
Lastly, what were the factors considered when choosing co bit?
03:00
Was it business objectives? Three. Importance of I t for business units, I t related business risks contractual and legal requirements or more. Or was it none of the above?
03:12
This will help build a stronger case for why cope? It should be selected as a framework to continue as an I T. Governance program.
03:20
Take a moment and consider Why would you put in alternatives considered portion in your business case?
03:29
So in this video, we talked about the elements of the Gap analysis and goals portion of a business case, and the alternatives considered portion
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